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This video shows how to prepare a Direct Materials Budget. Manufacturing companies create a Direct Materials Budget so they know how much direct materials to acquire and how much these direct materials are expected to cost. To prepare a Direct Materials Budget, you must first prepare the Production Budget. This is because the Production Budget will tell you the required production for each period, and the required production is part of the Direct Materials Budget. — Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS & OTHER FREE GUIDES http://eepurl.com/dIaa5z — MICHAEL’S STORY https://www.edspira.com/about/ — LISTEN TO THE SCHEME PODCAST Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/4WaNTqV... Website: https://www.edspira.com/podcast-2/ — CONNECT WITH EDSPIRA Website: https://www.edspira.com Instagram: / edspiradotcom LinkedIn: / edspira Facebook: / edspira Reddit: / edspira *TikTok: / edspira — CONNECT WITH MICHAEL LinkedIn: / prof-michael-mclaughlin Twitter: / prof_mclaughlin Instagram: / prof_mclaughlin Snapchat: / prof_mclaughlin *TikTok: / prof_mclaughlin — HIRE MCLAUGHLIN CPA Website: http://www.MichaelMcLaughlin.com/hire-me